SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW YORK
Comfort Inn franchise in New York: what the public record shows
Franchisees of Comfort Inn in New York have taken 28 SBA loans in the FY1991–present FOIA files (average $2,334,992). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Comfort Inn's national ratio is 0.7×.
Loans in NY
28
Charged off (all years)
2 of 10
Loss ratio in NY
—
Loss ratio nationally
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NY. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
| System | Loans in NY | Charged off (all years) | Loss ratio in NY | Units in NY |
|---|---|---|---|---|
| Days Inn | 35 | 1 of 23 | — | — |
| Super 8 | 35 | 0 of 18 | — | — |
| ECONO LODGE | 33 | 3 of 19 | — | 17 |
| QUALITY INN | 30 | 1 of 13 | — | 37 |
| Best Western Inn | 22 | 0 of 11 | — | — |
| Hampton Inns | 21 | 0 of 7 | — | — |
| Holiday Inn | 18 | 0 of 8 | — | — |
| Ramada Inn | 15 | 3 of 8 | — | — |
| Motel 6 | 14 | 0 of 4 | — | — |
| Red Roof Inn | 14 | 1 of 5 | — | — |
| Choice Hotels International | 12 | 0 of 8 | — | — |
| Howard Johnson | 12 | 0 of 8 | — | — |
Other systems in Comfort Inn's sector whose franchisees borrowed in New York. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Comfort Inn’s numbers, including talking you out of a bad deal.